Moses Uwagbale
Long queues have appeared in petrol filling stations few days after normalcy and as Independent Petroleum Marketers Association of Nigeria (IPMAN) warned retailer against hoarding and price hike.
Alhaji Suleiman Yakubu, National Public Relations of IPMAN advised the public also to stop panic buying, saying there was enough stock and the price has not changed.
Yakubu urged the people to ignore the rumours going on and also advised all their marketers to continue selling at the official price.
The Nigerian National Petroleum Corporation said it had no plans to increase the price of petrol now but some filling stations have shut their pumps while others adjusted prices.
IPMAN has directed its members in the South East zone to revert to the old price of N170 and N175 per litre.
Mr Chinedu Anyaso, Chairman of IPMAN Enugu Community Depot in charge of Anambra, Ebonyi and Enugu States, stated that the purported increase in depot price had been reversed as PPRA had pulled the notice down.
He said no member had reason to sell above the N170-N175 range and directed them to revert immediately in the interest of the public.
“There was uncertainty on price of the product this morning which made some of our members to increase their rates, but I can confirm to you that the increase had been reversed by PPRA.
“So, we have directed out members to revert and respect the old rate pending further development, but I must add that some of my members bought at high price already,” he said.
Anyaso said marketers would continue to do their businesses with public interest at heart, but would not undermine their own interest.
